![\"Story](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/zcash-price-bullish-market.png\")
\n<\/picture> <\/div>\n<\/p><\/div>\n- \n
- Story traded at lows of around $2.12 on Monday but has since staged a sharp recovery.<\/li>\n
- IP rose to above $2.65, with trading volume spiking over 400% to $198 million.<\/li>\n
- Buyers may ride bullish sentiment to target $3 or higher.<\/li>\n<\/ul>\n
IP, the native token of the Story Protocol, has outperformed top altcoins in the past 24 hours.<\/p>\n
At the time of writing, the token\u2019s price had pumped by more than 22% to its highest level since early December 2025.<\/p>\n
Other coins seeing notable gains include Monero, Canton and Aerodrome Finance. Ethereum targets $3,500 as price holds key level.<\/p>\n
Story is a layer-1 blockchain project focused on tokenizing and making intellectual property programmable for creators in the AI era, leading this pack.<\/p>\n
Its gains come amid broader upside moves for privacy-focused altcoins, and the IP price was up amid a more than 400% increase in daily trading volume.<\/p>\n
IP price breaks above $2.50 on mega volume<\/h2>\n
As noted, the Story token has experienced a breakout moment.<\/p>\n
But as its price decisively broke above the $2.50 level, buyers did so on a significantly higher 24-hour trading volume.<\/p>\n
With bulls breaching $2.10,\u00a0 the asset soared to above $2.65. Data showed trading volume exploded by more than 450% to $198 million.<\/p>\n
The surge reflects strong bullish momentum, and IP could extend its upward trajectory toward the $3 mark. Bulls see the level as a psychological barrier and a breakout might allow for new gains.<\/p>\n
From a technical perspective, the token trades above the 50-day Exponential Moving Average (EMA) at $2.31, providing solid support for further advances.<\/p>\n
If broader top cryptocurrencies flip decisively positive, IP could see additional rally potential.<\/p>\n
![\"Story](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/story-ip-price-chart.png\")
Story price chart by TradingView<\/figcaption><\/figure>\n However, the Relative Strength Index (RSI) on the daily chart stands at 73 and in the overbought zone.<\/p>\n
This suggests a potential retreat as profit-taking emerges. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator shows indecisiveness, with the histogram showing increased weakness.<\/p>\n
Story gains as Monero leads top altcoins higher<\/h2>\n
As the chart below shows, IP has posted impressive gains today.<\/p>\n
The fresh bullish wave to highs of $2.65, with the token pumping more than 22% in 24 hours, aligned with notable upticks for several other cryptocurrencies.<\/p>\n
Monero (XMR) led privacy coins higher as XMR price hovered near $600 in a strong rally.<\/p>\n
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$XMR<\/a> took the throne from $ZEC<\/a> and is now leading the privacy bull wave, looking really strong, after reaching new All Time Highs! pic.twitter.com\/wCzF8781hm<\/a><\/p>\n